Economic Commentary- Canada's Next Recession Highlights: • Signs of recession? • Closely linked to U.S. recessions • Conditions for recession not yet present • Shock event or policy error possible recession trigger
B.C. Economic Briefing Highlights: • Non- farm payroll counts slip in August after strong July gain • Small business confidence index for B.C. among lowest in country • Sawmills slash production in July
Ontario Economic Briefing Highlights: • Non-farm payroll hiring expanded by over 8,700 net new hires in August • Small-business confidence in 2019 still lags long-term average monthly confidence • Transportation equipment manufacturing increased in August mainly due to stronger aerospace production, motor vehicle and parts manufacturing production contracted
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